SMF - Just Installed!

Application Fee WAY too high?

Started by Stranger, November 18, 2012, 01:35:53 AM

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Stranger

Recently went to see a property and it was perfect and all. Until the agent casually mentioned the application fee of £250 each and there are four of us total. £1000 for Application Fees. That's four times the amount of our last fee with another landlord (something like 250 that was for all three of us - no fourth then). Unless the renting market crumbled away in my divine absence am I right to think this is a pretty big danger sign of an untrusty/sketchy agency?

What is the normal acceptable fee these days? They do have to make 2 guarneter forms and checks if that happens to cost like £400 a pop. Options? =/

Armin

There are costs involved to have you vetted - £250 seems overly steep though. Try to negotiate and if they dont budge, walk away. Let supply and demand sort them out.